CBRE Group, Inc. has acquired the commercial real estate brokerage, investment property sales and property management services business of The Furman Co., Inc. and certain of its affiliates.
The Greenville, South Carolina-based firm has served as CBRE’s affiliate in Upstate South Carolina and has operated as CBRE | Furman since 2010.
The acquisition adds 18 sales and leasing professionals along with other staff as well as 4.5 million square feet of office, retail and industrial property under management. With the acquisition, the CBRE | Furman business will now operate as CBRE.
John Ferguson, executive managing director for CBRE’s Southeast Region, said, “We see significant growth opportunities in South Carolina, and our Greenville area operations will realize significant positive synergies with our other offices throughout the Southeast.”
Greenville’s central business districtis home to a number of private sector and university-based research organizations and research centers that support the automotive, life sciences, plastics and photonics industries.